Hormel Foods declares regular quarterly dividend of US$0.15/share on common stock, payable Nov. 15 to shareholders of record as of Oct. 22

Nevin Barich

AUSTIN, Minnesota , September 24, 2012 (press release) – The Board of Directors of Hormel Foods Corporation (HRL), a multinational marketer of consumer-branded food and meat products, has declared a regular quarterly dividend of 15 cents per share on the common stock of the corporation.

The dividend will be paid Nov. 15, 2012, to stockholders of record at the close of business on Oct. 22, 2012.

The Nov. 15 payment will be the 337th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.

About Hormel Foods

Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace. The company is a member of the Standard & Poor's (S&P) 500 Index, S&P Dividend Aristocrats for 2012, Maplecroft Climate Innovation Indexes, Global 1000 Sustainable Performance Leaders and was again named one of "The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the fourth year in a row. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com.

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